A capital maintenance adjustment would appear in: (1) The statement of comprehensive income (2) The income statement as an expense (3) The cash flow statement (4) Notes to accounts only

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 13MC: Which of the following would be included in the financing section? A. loss on sale of investments B....
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A capital maintenance adjustment would
appear in:
(1) The statement of comprehensive income
(2) The income statement as an expense
(3) The cash flow statement
(4) Notes to accounts only
Transcribed Image Text:A capital maintenance adjustment would appear in: (1) The statement of comprehensive income (2) The income statement as an expense (3) The cash flow statement (4) Notes to accounts only
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